Tag: austerity
VW brand boss Schäfer urges management in fire speech to austerity course
VW brand boss Thomas Schäfer Dusseldorf Shortly before the factory holidays, there is no holiday mood at Volkswagen. This was shown at the beginning of the week at the management…
Suppliers fear new Volkswagen austerity package
Continental wants to review return target A Continental employee checks the circuit board for a vehicle control unit in electronics production. The supplier group is reviewing its return target for…
Chancellor and finance minister want to push through the austerity package together
Berlin Olaf Scholz (SPD) personally intervenes in the budget dispute in order to push through the austerity package planned by Christian Lindner (FDP) in the coalition. The Chancellor and Finance…
“Not out of the woods yet”
Gita Gopinath “I think we’re not out of the woods yet and that energy prices could go up again.” (Photo: Bloomberg) Washington The International Monetary Fund (IMF) is predicting a…
“Only green investments are not enough”
Gita Gopinath “I think we’re not out of the woods yet and that energy prices could go up again.” (Photo: Bloomberg) Washington The International Monetary Fund (IMF) is predicting a…
Budget: Federal government prepares austerity package
Finance Minister Lindner Many ministerial colleagues want to spend more money, Christian Lindner absolutely wants to comply with the debt brake. (Photo: dpa) Berlin Christian Lindner (FDP) sees himself as…
Varta announces austerity measures including job cuts
Varta headquarters The battery manufacturer is under great pressure to restructure. (Photo: dpa) Munich The Swabian battery manufacturer Varta has to save drastically under pressure from the banks – and…
Varta announces austerity measures including job cuts
Varta headquarters The battery manufacturer is under great pressure to restructure. (Photo: dpa) Munich The Swabian battery manufacturer Varta has to save drastically under pressure from the banks and also…
The German austerity measures for medicines are driving innovative pharmaceutical companies abroad
>>iOS In the face of global supply chain problems, political interventions and commodity price pressures, the few remaining suppliers cannot always meet demand, leading to drug shortages. Now Berlin has…
In France, water is scarce again – the government is working on austerity measures
Paris France is drying up – and the government is already being forced to take austerity measures. It has not rained for a full 32 days in a row, and…
Big Tech goes on austerity course
Amazon needs to save The tech group is also examining the business around its smart speakers and the language assistant Alexa. (Photo: dpa) New York, Dusseldorf These three commands torment…
Union announces resistance to austerity program
BASF The austerity program is intended to reduce annual costs outside of production by 500 million euros. (Photo: Reuters) Frankfurt, Ludwigshafen The chemical union IG BCE has announced resistance to…
Earnings slump at BASF – chemical giant announces austerity program
BASF plant in Ludwigshafen BASF was only able to partially pass on the increased energy and raw material costs to customers through higher sales prices. (Photo: AP) Frankfurt Rising energy…
Commentary: Banks – hiring freezes and austerity programs. The rest of the year will be tough
Julius Baer headquarters in Zurich The Swiss bank has just announced a hiring freeze. Similar cuts could also threaten other financial institutions. (Photo: Reuters) When many economic crisis symptoms reinforce…
Fresenius share: Health care group tightens its austerity course
Fresenius Group Headquarters After making progress on its cost and efficiency program, the company plans to keep costs down. (Photo: dpa) Frankfurt After two years of being affected by the…
The healthcare group is tightening its austerity course
Fresenius Group Headquarters After making progress on its cost and efficiency program, the company plans to keep costs down. (Photo: dpa) bad Homburg After a final sprint, the Fresenius healthcare…
After the corona crisis: back to austerity?
Economic and financial policies tend to move back and forth like a pendulum. The euphoria about the power of government action is usually followed by setbacks, disillusionment and less ambition.…
Energy: Despite record oil prices: Big Oil is on austerity course
Despite billions in profits, the oil companies are reluctant to invest. But the thrift is likely to be short-lived. .source site
EU Commission warns of premature austerity
EU flags In the Stability Pact, the euro countries agreed to limit their budget deficits to three percent based on national economic power and limit their total debt to 60…
EU Commission warns of premature austerity
EU flags In the Stability Pact, the euro countries agreed to limit their budget deficits to three percent based on national economic power and limit their total debt to 60…